Marsh & McLennan Companies, Inc. (MMC)
| Market Cap | 103.31B |
| Revenue (ttm) | 23.29B |
| Net Income (ttm) | 3.92B |
| Shares Out | 492.72M |
| EPS (ttm) | 7.88 |
| PE Ratio | 26.65 |
| Forward PE | 23.43 |
| Dividend | $2.84 (1.36%) |
| Ex-Dividend Date | Apr 3, 2024 |
| Volume | 25,485 |
| Open | 209.31 |
| Previous Close | 209.97 |
| Day's Range | 209.58 - 209.58 |
| 52-Week Range | 171.47 - 210.13 |
| Beta | 0.90 |
| Analysts | Hold |
| Price Target | 207.56 (-0.96%) |
| Earnings Date | Apr 18, 2024 |
About MMC
Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates through Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, strategic advisory services, and analytics solutions, and insurance program management services. It serves businesse... [Read more]
Financial Performance
In 2023, MMC's revenue was $22.74 billion, an increase of 9.73% compared to the previous year's $20.72 billion. Earnings were $3.76 billion, an increase of 23.15%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for MMC stock is "Hold." The 12-month stock price forecast is $207.56, which is a decrease of -0.96% from the latest price.
News
Marsh McLennan stockholders re-elect Board of Directors during 2024 meeting
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy, and people, today announced the results of its 2024 Annual Meeting...
Marsh McLennan launches AI-powered solution to transform supply chain risk management
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy, and people, today announced the launch of Sentrisk, a cutting-edge...
Marsh McLennan Agency acquires AC Risk Management
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of AC Risk Management (ACRM), an independent commercial lines brokerage based in Melv...
Marsh McLennan's Mercer Announces Successful Fundraising for Private Investment Partners (PIP) VII, Closing With Nearly $4 Billion in Commitments
NEW YORK--(BUSINESS WIRE)--Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and a business of Marsh McLennan (NYSE: MMC), announced today the succ...
Marsh McLennan Agency to acquire Fisher Brown Bottrell Insurance, Inc.
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency, a subsidiary of Marsh, today announced that it has entered into a definitive agreement to acquire Fisher Brown Bottrell Insurance, Inc. (FBB...
More frequent and extreme weather events pose increasing risks to employee health and business performance
Risk analysis conducted by the newly formed National Commission on Climate and Workforce Health highlights need to bolster people, business, and economic resilience CEOs acknowledge extreme weather wi...
Marsh McLennan CEO Sees Strong Demand for Services
Marsh McLennan President and CEO John Doyle discusses first-quarter results that beat expectations and where he sees potential for further margin expansion. -------- More on Bloomberg Television and M...
Marsh McLennan Reports First Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the first quarter ...
Marsh McLennan's Reid Sawyer breaks down the shipping risks from the middle east tensions
Reid Sawyer, Marsh McLennan head of the emerging risks group, joins 'Power Lunch' to discuss the insurance risk coming from the tension in the middle east.
Three-Quarters of Insurers Invest in Private Markets or Plan to Do So as Firms Put Excess Cash to Work, According to Mercer-Oliver Wyman Global Insurance Survey
NEW YORK--(BUSINESS WIRE)--Mercer and Oliver Wyman, businesses of Marsh McLennan (NYSE: MMC), today released their 2024 Global Insurance Survey. Drawing on insights of more than 80 insurers globally, ...
Oliver Wyman Combines CAVOK and SeaTec Consulting Under New Name - Oliver Wyman Vector
NEW YORK , April 8, 2024 /PRNewswire/ -- Oliver Wyman, a global leader in management consulting, and a business of Marsh McLennan (NYSE:MMC) today announced the new name for the combination of legacy ...
Marsh McLennan to Host First Quarter Earnings Investor Call on April 18
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, will announce first quarter financial results via news ...
Marsh McLennan's Mercer completes acquisition of Vanguard's US Outsourced Chief Investment Officer business
NEW YORK--(BUSINESS WIRE)--Mercer, a global investments leader and a business of Marsh McLennan (NYSE: MMC), today announced the completion of its acquisition of Vanguard's Outsourced Chief Investment...
Marsh McLennan Declares Quarterly Cash Dividend
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Marsh McLennan (NYSE: MMC) today declared a quarterly dividend of $0.710 per share on outstanding common stock, payable on May 15, 2024 to stockhol...
C-Suite executives believe AI is key to increased productivity, yet most workforces are not ready to transform, according to Mercer's 2024 Global Talent Trends Study
NEW YORK--(BUSINESS WIRE)--Mercer, a business of Marsh McLennan (NYSE: MMC), today released its 2024 Global Talent Trends Study. Drawing on insights from over 12,000 C-suite executives, HR leaders, em...
Marsh McLennan Agency Completes Acquisition of Querbes & Nelson and Louisiana Companies
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced that it has completed its previously announced acquisitions of two Louisiana-based middle-marke...
Unity insurance facility expanded to cover all shipping to and from Ukrainian ports
LONDON--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, together with the Ukrainian government and Lloyd's, today...
Mercer Launches Mercer SelectRx, a Tech-Enabled Solution Designed to Lower Specialty Drug Costs for Employers and Their Employees
NEW YORK--(BUSINESS WIRE)--Mercer, a global leader in unlocking real health and well-being and a business of Marsh McLennan (NYSE: MMC), today launched Mercer SelectRx, an exclusive product offering t...
Global Commercial Aircraft Fleet Slated to Grow 28% by 2034 According to Oliver Wyman
NEW YORK , Feb. 28, 2024 /PRNewswire/ -- The commercial aviation fleet is projected to grow 28% over the next 10 years, expanding from today's 28,400 aircraft to 36,400 by 2034, according to a new rep...
Marsh McLennan Agency to Acquire Querbes & Nelson and Louisiana Companies
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced that it signed agreements to acquire two Louisiana-based middle-market agencies, Querbes & Nels...
Marsh McLennan Announces Pricing of $1,000,000,000 Senior Notes Offering
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC) (the “Company”) announced today that it has priced $500,000,000 aggregate principal amount of its 5.150% Senior Notes due 2034 (the “2034 Notes”) ...
Marsh McLennan Asia CEO shares how they advise clients on managing Red Sea risks
David Jacob, CEO of Marsh McLennan Asia says clients are heavily focused on protection of physical assets and financial assets as risks around Red Sea rise.
Marsh McLennan's Oliver Wyman Completes Acquisition of SeaTec Consulting Inc.
NEW YORK , Feb. 1, 2024 /PRNewswire/ -- Oliver Wyman, a global leader in management consulting, and a business of Marsh McLennan (NYSE:MMC) today announced the completion of its acquisition of SeaTec ...
Marsh McLennan Reports Fourth Quarter and Full-year 2023 Results
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the fourth quarter...
Shipping Insurance Market in Great Turmoil: Marsh McLennan CEO
Marsh McLennan CEO John Doyle says attacks in the Red Sea have increased shipping insurance prices “very significantly.” He speaks during an interview with Bloomberg Television at the World Economic F...